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The axe falls on fourteen hundred Forge workers

Neal WoolrichUpdated
Thu Feb 13 21:46:08 EST 2014

Australia's economy underwent more transformation today although it's looking more like a day of reckoning than the gradual re-balancing the Reserve Bank is hoping for.1,400 workers lost their jobs as the Perth based Forge Group went into administration and the unemployment rate jumped to a 10 year high.